The U.S. staffing industry is worth billions of dollars, and it’s expected to grow significantly over the next decade. Here’s what’s behind the exploding demand. 

Staffing Industry At a Glance

The global contract or temporary staffing market is forecast to reach $131.2 billion by 2030 and North America is driving its growth. In 2022, U.S. staffing companies hired 14.6 million temporary and contract employees, up from 14.1 million in 2021.  

Current events and technology are reshaping work in the U.S. and helping the staffing industry flourish. The pandemic outbreak allowed people to press pause to comply with safety guidelines. Forced seclusion combined with layoffs and furloughs gave people time to reevaluate their future. In 2021, 47.8 million people quit their jobs to find careers with higher pay, flexibility, and work-life balance. Dubbed the Great Resignation, the labor shortage caused an upheaval in human resources. Businesses needed even more help finding valuable talent and continuing to meet salary expectations. 

Staffing businesses stepped up to the plate to help companies navigate the new normal. They have access to a pool of talented individuals to help businesses eliminate the hassle of recruiting and hiring to focus on growth. Many staffing agencies specialize in specific industries or job types and have a deep understanding of the skills and experience needed for different roles to ensure a business finds the right person for the job.  

Despite recent news of layoffs in the banking and technology sectors, the U.S. unemployment rate hit a record low of 3.4% in January, and demand for employees remains high. Businesses are expected to continue to turn to staffing franchises to help fill the gaps. More than half of staffing companies reported gains in new assignments week to week in March, according to the American Staffing Association.  

Staffing agencies provide an essential service by helping businesses pare down human resource expenses. They facilitate the hiring of temporary workers to pick up the slack during busy periods and quickly fill open positions. An economic downturn can be tough on businesses, but it can also create growth opportunities. By offering cost-effective solutions, a staffing business can position itself as a valuable partner for companies weathering the storm. 

Another factor driving the industry’s growth is the rising demand for flexible work arrangements. Workers are increasingly seeking out temporary, contract, or freelance work, to achieve their lifestyle goals, and businesses are responding by turning to staffing agencies to provide these types of workers. This allows businesses to quickly scale up or down as needed, without the commitment of hiring full-time employees.

Technology is revolutionizing staffing agencies and helping make them invaluable resources for businesses. Staffing agencies use AI-powered tools to analyze resumes and identify candidates who are the best fit for a particular job.  

Perks of a Staffing Franchise

If you are interested in entrepreneurship, investing in a staffing franchise could be a smart move for your future. Starting a business from scratch can be risky. But a franchise offers a turnkey business with training, ongoing support, and brand recognition. 

AtWork is a leading staffing franchise with a solid reputation in the industry. Our franchisees put nearly 50,000 people to work each year, helping workers build careers while growing their local economies. For an initial investment of $153,500 to $210,500, including a $40,000 franchise fee, our owners can gain a foothold in this high-demand industry.   

Check out some of the perks of investing in an AtWork franchise. 

• Industry knowledge: AtWork has more than 30 years of experience helping entrepreneurs build staffing businesses in their local communities. Our corporate leadership executives are experts in staffing operations and we built a knowledgeable support staff to ensure our franchise owners have the support they need to succeed. 
• Training and field operations support: Each of our locations are assigned a dedicated field operations executive who supports the franchise with sales and recruiting strategies, business coaching, and training on an ongoing basis.  
• Accounting services: Running a business is challenging, but the AtWork corporate accounting team is there for our franchise owners to make it easier. With support services ranging from payroll processing, invoicing, payroll funding, client payment processing, garnishment management, tax filing, and payments, we take the pressure off of franchisees so they can focus on building their business. 

Partner with AtWork

To learn more about the benefits of opening a staffing franchise and to connect with someone from the AtWork team, get started today.